Suyapa Ivonne

26-year old Suyapa Ivonne has been earning her living by selling pre-paid phone cards, DVDs and CDs for more than six years. This will not be her first experience with loans as she has used them a lot to help her to improve her business.

Suyapa has a lot of experience in this line of work, and she feels very content because whenever her customers visit, she treats them with much fondness and enthusiasm. They like her her service very much. With the loan she plans to buy a large quantity of phone cards, new movies and CDs.

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).